President Obama's fiscal 2011 budget proposal would provide $994 million for the Small Business Administration, a 21% increase over the 2010 enacted level.

The proposal calls for $165 million in credit subsidies for Section 7(a) general business loan guarantees, up 106% from $80 million in the 2010 budget. The increased subsidies would support about $16 billion in term loans and $1.5 billion in revolving lines of credit. In the budget request, the SBA said it wants to expand the number of 7(a) borrowing partners by 15%, to 3,000, by Sept. 30, 2011.

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